Investor Presentaiton slide image

Investor Presentaiton

Leisure: Q2 2023/24 Q2 Earnings Update: John Keells Group 2022/23 2023/24 Key indicators (Rs. mn) Q2 Q3 Q4 Q1 Q2 Q2 2023/24 Q2 2022/23 Colombo Hotels* EBITDA 1,065 1,005 Occupancy (%) 29 43 62 49 67 ARR (USD) 62 65 63 70 69 EBITDA Margin (%) (4) 12 14 (3) 13 Sri Lankan Resorts Occupancy (%) 31 38 62 55 71 ARR (USD) 57 63 71 59 62 EBITDA Margin (%) (25) (11) 33 (18) 4 Maldivian Resorts Occupancy (%) ARR (USD) EBITDA Margin (%) 86 91 89 82 82 316 372 416 336 315 26 31 40 23 17 The Sri Lankan Leisure businesses continued to record an improvement in performance, with an increase in occupancies and room rates across properties. The Colombo Hotels segment continued its strong performance in restaurant operations whilst recording an increase in the number of events and banquets. The performance of the Group's Maldivian Resorts segment was impacted by a change in the mix of overall arrivals to the Maldives. Profitability was further impacted by higher distribution costs due to the channel mix. *Occupancies and ARRS exclude "Cinnamon Red Colombo". The performance of "Cinnamon Life Colombo", currently under construction, will be reported once the project commences operations. 21
View entire presentation